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Colonial Duplex Conversion Property
For Sale
$248,000

36 Summer Street, Rutland, VT 05701

Multi-Family, Rutland City, VT

Property Size1,974 SF
Lot Size0.16 Acres
Price / SF$125.63
Days on Market48

Property Features for 36 Summer Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RESD1
Rooms Basement
Parking features Garage, Driveway
Patio and Porch features Porch
Exterior features Partial Fence, Porch, Enclosed Porch
Fencing Partial
Lot features Landscaped, Level
Elementary school Northwest Primary School
Middle school Rutland Intermediate School
High school Rutland Senior High School
Elementary school district Rutland City School District
Middle school district Rutland City School District
High school district Rutland City School District
Directions See GPS
Standard status Active
Size 1,974 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4485

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Baseboard, Hot Water(Heating), Oil
Water source Public

Building Details

Year built 1884
Floors in Building 2
Number of units 2
Flooring type Tile, Hardwood, Vinyl, Laminate
Building materials Wood Frame, Vinyl Siding
Roof type Shingle
Architectural style Colonial
Listing Agency: RE/MAX Summit · RE/MAX International
Listed By: Brian Hill · License #82.01350001
Added: Jul 20 Changed: Sep 5 Last Checked: Sep 5 at 6:06PM
MLS# 5100840

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1884, this Colonial property provides 1,974 square feet with six bedrooms and two bathrooms. The home is currently arranged for single-family living, while its prior multifamily use supports consideration of a return to two-unit configuration. Interior finishes include hardwood, laminate, tile, and vinyl flooring. Exterior features include wood-frame construction with vinyl siding, a porch, enclosed porch, partial fencing, shingle roofing, driveway parking, and a garage. The property sits on 0.16 acres and is served by public water and public sewer, with RESD1 zoning.

The address places the property in Rutland City near downtown shops and cafes, Depot Park, the train station, and regional bus service. Pine Hill Park is nearby, while Pico Mountain and Killington Resort are within driving distance for seasonal recreation.

Key Highlights

  • Six bedrooms and two bathrooms within 1,974 square feet
  • Former multifamily use with potential to restore a two‑unit configuration
  • 1884 Colonial on a 0.16‑acre lot

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Real Estate Agency Plumbing Service Garden Center HVAC Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,326
Businesses Nearby

Demographics for 05701, VT

20,349
Population
10,528
Households
1.9
Avg Household Size
48
Median Age
34%
College-Educated
93%
High-School Grad
67.7 sq mi
ZIP Area
301
Density / Sq Mi
$58,744
Median Household Income
$41,391
Median Earnings
$963
Median Rent
$202,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Six-bedroom residence with two bathrooms and a layout suited to single-household or two-unit use.
Where is this duplex located?
The property is located at 36 Summer Street Rutland, VT.
What is the asking price?
The asking price for this property is $248,000.
What are key features of this property?
This property features: Six bedrooms and two bathrooms within 1,974 square feet; Former multifamily use with potential to restore a two‑unit configuration; 1884 Colonial on a 0.16‑acre lot
More about this property
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